Form 4 for GEO GEO GROUP INC
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001209191-23-015613 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-03 | 2023-03-01 | GEO | Ryan Christopher D. | Senior VP, Human Resources | F - Tax | $9.07 | -3,351 | 47.5K | -7% | -$30.4K | |
| 2023-03-03 | 2023-03-01 | GEO | Ryan Christopher D. | Senior VP, Human Resources | A - Grant | $0.00 | +31.4K | 53.9K | +140% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-01 | F | D | 3,351 | $9.07 | 47,536 | D | — | — | (F3) These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock. (F2) The amount of shares has been adjusted to reflect the March 1, 2023 vesting of 13,750 shares of restricted stock. |
| 2 | Common | Restricted Stock | 2023-03-01 | A | A | 31,422 | $0.00 | 53,922 | D | — | — | (F1) Vesting of this grant of restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during the period from January 1, 2023 to December 31, 2025 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 15, 2026 to the extent the performance goals are achieved. Of the grant of restricted stock, 50% is subject to vesting based on GEO's total shareholder return over a three-year period and 50% is subject to vesting based on certain return on capital employed performance goals being met. (F2) The amount of shares has been adjusted to reflect the March 1, 2023 vesting of 13,750 shares of restricted stock. |